Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Lenders Tighten Reins On Loans, Credit For SMBs, Households

Lenders Tighten Reins On Loans, Credit For SMBs, Households
Lenders Tighten Reins On Loans, Credit For SMBs, Households
March 29, 2020  |  Coronavirus

As a potential recession lurks, FinTechs, traditional banks and other financial institutions (FIs) are tightening the reins on loans to small businesses and households with...

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UK Banks Criticized For SMB Coronavirus Loan Requirements
UK Banks Criticized For SMB Coronavirus Loan Requirements
March 26, 2020  |  B2B Payments

U.K. government officeholders and companies have chastised financial institutions for requiring personal guarantees for emergency loans that are backed by the state. The mandate puts much...

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SBA Automatically Defers Existing Disaster Loans To Help Borrowers
SBA Automatically Defers Existing Disaster Loans To Help Borrowers
March 23, 2020  |  Coronavirus

To assist borrowers who are paying back U.S. Small Business Administration loans from past disasters, SBA Administrator Jovita Carranza has put into place automatic deferment...

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HSBC, Alibaba Link Up On Quick eCommerce Loans
HSBC, Alibaba Link Up On Quick eCommerce Loans
March 20, 2020  |  Loans

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group, have announced they will offer rapid finance approvals to online...

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How Opening Bank Data Can Transform SMB Lending
How Opening Bank Data Can Transform SMB Lending
March 20, 2020  |  B2B Payments

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party...

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Ebury Powers Global Payments For Crédito Agrícola Corporates
Ebury Powers Global Payments For Crédito Agrícola Corporates
March 20, 2020  |  B2B Payments

U.K. payments platform Ebury and Portuguese bank Crédito Agrícola (CA) have forged a partnership to allow the bank to work with more customers online and...

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iwoca Debuts OpenLending Platform For Banks, FinTechs
iwoca Debuts OpenLending Platform For Banks, FinTechs
March 18, 2020  |  B2B Payments

One of the largest business lenders in Europe, iwoca, has announced a new platform called OpenLending that can bring together both FinTechs and banks and...

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Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On March Payments
Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On...
March 16, 2020  |  News

In today’s top news, factory production in China experienced its worst decline in 30 years, and Apple Card users will be allowed to skip March...

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The Conundrum Of Mixing Tech With Humans In SMB Finance
The Conundrum Of Mixing Tech With Humans In SMB Finance
March 16, 2020  |  B2B Payments

The digitization and automation of small business lending has led to some undeniable benefits for entrepreneurs today. Get the Full Story Complete the form to...

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